Tenax Therapeutics' (TENX) CEO John Kelley on Q4 2015 Results-Earnings Call Transcript.
Answer Wiki. I honestly don't think there's a plus to a debit card. It's not as secure as credit (if you get theft ed say goodbye to your money), there's no perks, and there could be potential fees (overdrafting, etc). Other then getting money from ATMs, I can't think of a reason to use them. The minus for credit is the ease of debt.
Here the amount is deducted from Bank's end. Debit means Money deducted from your account. Here the amount is added at Bank's end. Credit means, the amount is added in User's Account. Debit means, the amount is deducted from User's Account.